Get the latest updates as we post them — right on your browser

. Last Updated: 07/27/2016

RJR Sells to Turkey

MOSCOW () -- R.J. Reynolds Tobacco International Inc. will sell a minority stake in its cigarette operation in Kazakhstan to the Turkish state tobacco monopoly, the company has announced. Terms of the agreement were not disclosed.

RJR Tobacco International, one of the world's largest cigarette producers, began the Kazakh operation last July as part of its acquisition of Shimkent Confectionery Enterprise.